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Mid-Century Retail Building
For Sale
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345 State Street, Grand Rapids, MI 49503

Updated finishes and State Street exposure support retail, dining, café, and professional uses.

Property Size52,030 SF
Days on Market914

Property Features for 345 State Street

General Information

Standard status Active
Size 52,030 SF
Property subtype General Commercial

Additional Details

Road Access Yes

Amenities

3
125 x irr

Building Details

Year Built 1956
Construction Mid-century modern
Listing Agency:
Listed By: Signature Associates Holland
Source: Xome
Added: Feb 19, 2024 Changed: Aug 20 Last Checked: Aug 20 at 8:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Signature Associates Holland

Investment Insights

Based on property information with market context.

This retail property at 345 State Street dates to 1956 and features mid-century modern architectural character with updated interior finishes. The space is positioned for the retail, dining, café, coffee shop, gift shop, general retail, professional, and mixed-use applications identified for the property. Lease terms are available from 36 to 120 months.

The building is located within Grand Rapids’ Historical Heritage Hill District, with access to State Street vehicle and pedestrian activity. Downtown Grand Rapids and a range of amenities are within walking distance, placing the property near the city’s central commercial and civic environment.

Key Highlights

  • Mid‑century modern retail property constructed in 1956
  • Updated interior finishes retain the building’s period architectural character
  • Located within Grand Rapids’ Historical Heritage Hill District

Property Analytics

Current Use

345 State Street Apartment Building Jeanette Mcdowell, PHD Physician Custodial House Keeping ... Hardware & Home Improvement Fluffed By Anaiyah ... Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Electrical Service Carpet & Flooring Store Pet Grooming Service Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4,424
Businesses Nearby

Demographics for 49503, MI

39,344
Population
19,017
Households
2.1
Avg Household Size
30
Median Age
44%
College-Educated
88%
High-School Grad
7.3 sq mi
ZIP Area
5,390
Density / Sq Mi
$61,734
Median Household Income
$36,694
Median Earnings
$1,207
Median Rent
$224,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Updated finishes and State Street exposure support retail, dining, café, and professional uses.
Where is this retail space located?
The property is located at 345 State Street Grand Rapids, MI.
What are key features of this property?
This property features: Mid‑century modern retail property constructed in 1956; Updated interior finishes retain the building’s period architectural character; Located within Grand Rapids’ Historical Heritage Hill District
More about this property
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